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dinarspeculator1
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Posts posted by dinarspeculator1
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Adam, how long do you think it will take them to complete the HCL law from here?
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Let me paraphrase for you, Adam............he wants a DATE and a RATE............to quote Tweety bird........"He don't know you vewwy well, do he?"
That is not true.
I didn't get that from his post at all.. Looks like he is lookin gfor opinions based on current news
This is true.
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I see how Adam has been saying lately that he believes we are very close. How close does he/everybody here think we are to this happening? Will this be all over by July 4?
Also, now that oil is remaining around $105/barrel, does that raise your prediction for a rate? If so, what do you expect this to come out around?
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Adam,
Do you offer a 1 month trial of the VIP membership or a 3 day free trial? I'm just curious as to exactly what I'd be receiving for my money before I buy. Not trying to be cheap, but just wondering.
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Just under the video on Youtube, it says it was uploaded January 2010. This video is at least one year old.
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I'm at school, and I can't listen to it right now.....what did he say? Can someone summarize it?
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Looking for tryinmybest! Where is he?
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Just curious, and I'm not trying to bash by any means. Why would there be so many dinar dealers on the internet selling them to people if they truly believed they would revalue to a much more substantial rate? I understand the fact that they are making a very good profit, but if it were to truly revalue to the price that some here believe, why wouldn't they try to hold as many as they could for an enormous future profit instead of making a (relatively speaking) small profit now?
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I'm glad you have such a postive outlook on this. I know most people would not. Good thing we have Jesus to turn to in tough times.
Thanks for everything, and I hope this all turns out well for each of us...
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Hey, I really appreciate all of the information that you're posting. Not trying to bash, but if you got so much heat for the first one, why continue to post this info? I'd hate to see you suffer from the wrongdoing of others again.
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I just did a live chat with a Forex representative, and he said they have no intention of offering IQD anytime in the near future.
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Can you summarize what he said since it's an hour long?
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Honestly, if you're legitimately looking for dates, I'd take a look at this. Hope it helps!
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I do believe you as well. I honestly think you would not mislead people intentionally. The only hang-up I have with bank stories is that I just don't understand why only one bank would offer such a drastically different rate than all of the others in the world. It seems to me that they would lose tons of money in the short-term. I just want to say that I am NOT bashing, just throwing in my .02.
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Rumor de-bunked. Please, nobody else call or chat with this bank. I'm sure they really dont want to put up with refuting false reports from hundreds of people
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Lets not all call and bombard this bank like we have so many others. If you're thinking of calling, don't. Others have and will post what they heard.
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I was actually looking at that just the other day. To me, that seems to be the most credible source publishing information regarding this entire RV. However, the article does not have a date; and I'm really not sure what to make of it. Hoping it re-values to that area, but trying to keep things in prospective.
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Forgive me if I am wrong on this, but for Iraq to have a national budget of 87 trillion dinars tells me that the dinar will not have much buying power at all. The United States's national budget in 2010 was $3.5 trillion dollars. There's no way that even with the DOHA controversy of .35 USD/1 IQD that it would make sense for Iraq to have that large of a budget.
Cabinet approves the federal budget for 2011
01/12/2010 01/12/2010
وافق مجلس الوزراء بجلسته الاعتيادية 47 في 30/ 11/ 2010 على مشروع قانون الموازنة الاتحادية لجمهورية العراق للسنة المالية 2011 ،وتم إرسالها اليوم الموافق 1-12-2010 إلى مجلس النواب لإقرارها . Council of Ministers approved in its meeting standard 47 30/11/2010 on the draft federal budget law for the Republic of Iraq for the fiscal year 2011, was sent today, 12/01/2010 to the House of Representatives for approval. إذ بلغ أجمالي الإيرادات المقدرة 87 تريليون دينار، بينما بلغت النفقات الكلية 92 تريليون دينار توزعت على النحو الأتي : 28 تريليون دينار للمشاريع الاستثمارية ، 13 تريليون دينار لنفقات الدفاع والأمن ، 12 تريليون دينار نفقات دعم الشرائح الاجتماعية و 7 تريليون دينار لنفقات التربية والتعليم ، 6 تريليون دينار نفقات التعويضات والديون ، 2 تريليون دينار لدعم الشركات العامة والهيئات الممولة ذاتيا ، 3 تريليون للصناعة والطاقة ، 2 تريليون لقطاع التشييد والإسكان والخدمات العامة ، و 494 مليار دينار لقطاع الزراعة ، و 234 مليار دينار لقطاع النقل والمواصلات و 14 تريليون دينار نفقات الوزارات والاداراة العامة والاتحادية والمحلية ، كمل تم تخصيص 2.6 تريليون لمشاريع أعمار المحافظات و الإقليم. With a total estimated income of 87 trillion dinars, while the total expenditures 92 trillion dinars were distributed as follows: 28 trillion dinars for investment projects, 13 trillion dinars for the Defense and security spending 0.12 trillion dinars for support to social sectors and 7 trillion dinars for the expenses of Education 0.6 trillion dinars compensation expenses and debt 0.2 trillion dinars to support public companies and bodies of self-funded 0.3 trillion for the industry and energy 0.2 trillion construction industry, housing and public services, and 494 billion dinars for the agriculture sector, and 234 billion dinars for the transportation sector and 14 trillion dinars expenses of ministries and Aladarap public and federal and local, supplemented 2.6 trillion has been allocated for reconstruction projects and provincial territory.
وتضمنت الموازنة أيضا التخصيصات المقدرة لحصة المحافظات المنتجة والمكررة للنفط والغاز بحدود 1.6 تريليون دينار إضافة إلى تدوير المبالغ المتحققة للمحافظات خلال سنة 2010. The budget also included assignments estimated share of the producing governorates and refined oil and gas up to 1.6 trillion dinars, in addition to recycling the amounts accruing to the provinces during the year 2010.
وقد اعتمد مبلغ 73 دولار كسعر متوقع لسعر البرميل من النفط العراقي المصدر وبمعدل 2.250 مليونين ومائتان وخمسون ألف برميل يوميا . Was adopted by the amount of $ 73 as the rate expected for the price of a barrel of Iraqi oil exported at a rate of 2.250 two and two hundred and fifty thousand barrels per day.
ومن جهة أخرى ، بلغت الدرجات الوظيفية المقترح استحداثها في ملاك الوزارات والدوائر الممولة ذاتيا حوالي 172 ألف درجة وظيفية معظمها لوزارة الداخلية والصحة والتربية والتعليم العالي. On the other hand, amounted to the proposed grades developed in the staffing of ministries and departments self-funded about 172 thousand degrees, and most functional of the Ministry of Interior, Health, Education and Higher Education.
كما تضمنت الموازنة الاستمرار بتخفيض رواتب المناصب العليا والدرجات الخاصة في الرئاسات الثلاث ومجلس القضاء الأعلى . It also included the budget to continue to reduce the salaries of senior and special grades in the three presidencies, the Supreme Judicial Council.
الأمين العام لمجلس الوزراء Secretary-General of the Council of Ministers
علي محسن إسماعيل Ali Mohsen Ismail
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The other conversions are off on this. I don't think it's accurate information, or at least, it's not updated with current rates.
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The exchange rate disappeared for awhile, but now is back up. I highly doubt this is a pumper site. Looks legitimate to me
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tenente14,
No need to be so rude about a re-post. Had I known that this was covered already, I would not have posted it. Maybe you should get a life and find things more important to get upset about than a re-post on a forum on the internet. As abstract as this sounds, some people have lives and don't read a forum 24/7 to look at prior topics. If I have a question, I'll ask. If you have nothing constructive to say then get out of my thread.
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Even though it was published on 7/22/2010, it still states what they intend to do with the currency.
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I tried to post a link in my first post, but it wouldn't let me because it said that promotion of other sites is not allowed.
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from another article I found:
"The Central Bank of Iraq that he was serious in the application of deleting three zeros from the national currency in the near future.
Bank adviser said the appearance of Mohammed Saleh, said that it depends at the present time to form the next Iraqi government and parliament two new Siokman on them, determining the mechanism under which the application of the deletion of zeros from the Iraqi currency.
The question being debated extensively about the success of this step in improving the Iraqi economy, says Chancellor valid in an interview with Radio Free Iraq that the deletion of zeros will contribute to reduce the size of inflation and reduce the size of the money supply in the Iraqi market of 26 trillion dinars to approximately 25 billion dinars, indicating that the Kurdish language to be added to the new currency as well as Arabic and English.
The consultant said the benefit that many of the money circulating in the Iraqi market has led to a confusion in trading large, the work of banks, noting that deleting three zeros from the Iraqi dinar will lead to reform of the system management of the national currency and thus improve and revitalize the Iraqi economy.
However, the economic expert, Salim al-Jubouri varies with the central bank adviser believes that the deletion of zeros from the Iraqi currency will not necessarily lead to improved national economy, but on the contrary may cause additional confusion in the local market, calling at the same time the Iraqi government to go to support market stability and the national currency rather than replaced with a new value and other currency."
Adam Montana chats
in Opinions, Perspectives, and Your Two Cents on the Iraqi Dinar
Posted
You can read it at the link above. Basically, it seems to me, even though I joined a few months ago, that Adam has felt that the revaluation might occur "soon" on multiple occasions, this being one of them. Another example can be found below at this link:
http://iraqidinarnews.net/blog/2010/12/10/adam-montana-chat-dinar-vets-120910-2pm/
In doing research, I see that Adam, on many occasions, has insinuated to his audience that he feels, for whatever reason(s), that something might occur soon, yet somehow, nothing comes to fruition for some reason or another. Now, after last night's chat, Adam is telling us that his contact says something could be happening soon once again. Why should we believe that this possibility of something happening won't turn out to be like the other things that he has said?
Please excuse my bashing, but I feel that these are legitimate points and a very fair question to ask.